10398 International Monetary Economics 1

Credits: 3 advanced credits in Economics

Prerequisites: 36 credits, including Introduction to Microeconomics, Introduction to Macroeconomics, Macroeconomics I, Macroeconomics II, Price Theory I, Price Theory II, Price Theory III. Students must also fulfill all English requirements and take bibliographic instruction in the Library.

Author: Eran Yashiv

The course focuses on the foreign currency market, macroeconomics of an open economy, determining exchange rates, global capital flows, and international monetary organizations and arrangements.

Topics: International monetary economics – basic principles, Macroeconomics of an open economy; The fixed exchange rate regime; The flexible exchange rate regime; International organizations and the problems of coordinating policy.

---

1Students may write a seminar paper in this course, although it is not required.